Elderly homeowners targeted in ‘massive’ title fraud conspiracy

The alleged conspirators are accused of using the victims’ identities to secure millions in hard money loans using residential property as collateral. Continue reading

Compass clash, AI fears and industry shocks: Inman Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Compass-Rocket partnership, private listings, rates: Inman Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Assault on the MLS: How the Compass-Redfin deal threatens the open market

This isn’t about one company’s competitive edge, America Foy writes. It’s about whether the American real estate market remains an open, transparent system. Continue reading

Compass-Anywhere, Gary Keller, eXp earnings: Inman Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Approval of Compass-Anywhere merger ‘raises questions about corruption’ at AG’s office: Senator

A letter addressed to U.S. Attorney General Pamela Bondi and signed by 18 members of Congress asks for more information about the DOJ’s review of the merger, which it says was cleared “under extraordinarily questionable circumstances.” Continue reading

Fed chair responds to ‘political pressure, intimidation’ by Trump’s Justice Department

Federal Reserve Chair Jerome Powell issued a rare warning in a video statement on Sunday that the Fed’s independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank on Friday by the DOJ under what Pow… Continue reading

The deal is done: Compass and Anywhere have officially merged

Less than four months after Compass and Anywhere — two of the biggest companies in real estate — announced a planned merger, the firms closed the $1.6 billion deal on Friday after receiving a majority of shareholder approval. Continue reading

Dems raise antitrust concerns over Compass-Anywhere merger

Senators Elizabeth Warren and Ron Wyden are asking the DoJ and FTC to “thoroughly investigate” the pending deal, which they claim would “entrench existing antitrust and price manipulation concerns that have been at the center of mounting litigation.” Continue reading

DoJ whiffs in third attempt to indict Trump nemesis Letitia James

Since the original charges against James were thrown out in November, the DoJ has reportedly tried and failed to obtain indictments from two different federal grand juries. Continue reading